(a) In starting a new business a business plan has to prepare that includes forecast information related to a profit and loss statement. What type of forecasting information would be required? 3 (b) Demand history of five different products of a firm is shown below. i. What is the name of the techniques to forecast each of the above five products? ii. Forecast the demand for the product either A or D with error for the period 11. (consider =0.7 ) 6